Hershey Hit With Sell Call as High Prices Dent Chocolate Sales
WEB2 days ago · (Bloomberg) -- Jefferies is turning more cautious on Hershey Co. shares as consumers curb their snacking and pull back on higher-priced chocolates in particular.Most Read from BloombergVanderbilt ...
Hershey's faces a bittersweet future as chocolate becomes even …
WEBThis means chocolate will be 80% more expensive on a per weight basis on average vs. other snacking categories. Given all categories have seen 30%+ pricing over the past 3 years, that equates to a ...
Hershey lays off some workers as part of organizational changes
WEBSep 20, 2024 · A spokesperson for Hershey said on Thursday the chocolate maker laid off a small number of its employees this week as part of organizational changes.
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Consumer Reports Urges Hershey’s to Get Heavy Metals Out of Chocolate …
WEBOct 25, 2023 · Consumer Reports urges Hershey's to reduce lead and cadmium in its chocolate products after testing found high levels in some of its cocoa powder and milk chocolate. The group calls on the...
Hershey Unwraps its Latest Capacity: A New Reese Plant Extension …
WEBHershey is building its first new U.S. chocolate manufacturing facility in more than 30 years, which will open in mid-2024. The facility will increase production and flexibility for many of Hershey’s chocolate brands and employ about 125 people.
Consumer Reports finds more lead and cadmium in chocolate, …
WEBConsumer Reports said on Wednesday it had found "concerning" levels of lead and cadmium in a third of various chocolate products it tested recently, and called on …
Cocoa Shortage Causes Higher Chocolate Prices, Boosting Hershey …
WEBThe sharp rise in cocoa prices is leading to big gains at Hershey Co.. The chocolate and salty-snack company said on Friday that its first-quarter sales and profit sailed past …
Many chocolate products contain worrying levels of lead or ... - CBS News
WEBHow best to reduce heavy metals in chocolate is an industrywide question pertinent to all brands, not just Hershey, a spokesperson for the candy maker told CBS MoneyWatch in …
Hershey's faces a lawsuit over heavy metals in its dark chocolate …
WEBHershey's chocolate is shown in Overland Park, Kan., on July 25, 2011. The Hershey Co. is being sued for allegedly failing to disclose the presence of heavy metals in its dark …